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Tag: FOMC policy meeting

GBP/USD Outlook: Pound Retreats After CPI-Led Gains

Data revealed that US consumer prices remained unchanged in May. Experts believe the downtrend in inflation could continue as major US retailers slash goods prices. After...

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USD/JPY Weekly Forecast: Fed Rate Cut Offset by Strong NFP

The NFP report showed bigger-than-expected job growth in May. Traders scaled back rate cut expectations, leading to a rally in the dollar. Economists expect the headline...

USD/CAD Outlook: Policy Outlook Divergence Weakens Loonie

The flash US Composite Output Index jumped from 51.3 to 54.4. Canada’s inflation hit a three-year low of 2.7%. The prospect of higher rates for longer...

GBP/USD Price Analysis: Above Forecast CPI Boosts Pound

UK inflation fell from 3.2% to 2.3% in April. There is a 50% chance the BoE will cut rates in June. Investors await the FOMC meeting...

AUD/USD Forecast: Employment Data Boosts Greenback

There was a bigger-than-expected increase in US employment cost growth. Markets have scaled back Fed rate cut expectations to only one cut in 2024. The policy...

USD/CAD Price Analysis: Evident Policy Outlook Divergence

Data from Canada revealed a smaller-than-expected 0.2% expansion in the economy. Investors are currently placing a 60% chance the BoC will cut rates in June. While...

EUR/USD Outlook: Dollar Firms Ahead of Crucial FOMC Meeting

Investors eagerly await the FOMC policy meeting on Wednesday. Friday’s US PCE price index revealed high housing and utility prices. ECB policymakers remain confident that inflation...

GBP/USD Forecast: Powell Dims March Rate Cut Prospects

Powell challenged market expectations, shattering hopes for an early Fed rate cut in March. Investors were eagerly awaiting the BoE policy meeting later today. The pound...

AUD/USD Forecast: Inflation Slide Signals Potential RBA Rate Cuts

In the fourth quarter, inflation in Australia hit a two-year low, coming in at 0.6%. Market participants have placed an almost 50% chance of the...

AUD/USD Weekly Forecast: Employment Boost Sparks Dollar

The dollar got a boost from an upbeat employment report. Australia’s central bank kept interest rates unchanged on Tuesday. Investors are eagerly awaiting the FOMC policy...

USD/CHF remains confined in a multi-week-old range, holds above mid-0.8900s ahead of NFP

Share: USD/CHF regains some positive traction and reverses a part of the previous day's slide. Bets for additional Fed rate hikes...

When Will The Crypto Markets See An Actual Bounce?

As the Consumer Price Index for November was announced, the leading cryptocurrencies all surged upward to trade in the green. Due to the major...

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